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Filing year 2024

MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS INC

Milford, Massachusetts·EIN 04-3172159·6
Total revenue
$5.6M
Total assets
$17.3M
Total expenses
$4.7M
Reported officers
28
Mission

MAIA IS DEDICATED TO STRENGTHENING AND ELEVATING THE INDEPENDENT INSURANCE AGENCY SYSTEM THROUGH UNWAVERING ADVOCACY AND PROMOTION, QUALITY EDUCATION, KEY INSIGHTS AND ADVICE, MARKET ACCESS, AND ESSENTIAL PRODUCTS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$505k
$546k
Base
$372k
Bonus
$93k
Other
Benefits
$23k
Coo/vice President
highest compensated employee
$243k
$262k
Base
$193k
Bonus
$35k
Other
Benefits
$3k
Director of Technical Affairs
highest compensated employee
$136k
$147k
VP of Finance
vice president
$24k
$26k
Systems Administrator
highest compensated employee
$21k
$23k
VP of Agency Services
vice president
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Down 1%
from 2023

From $511k in 2023 to $505k in 2024.

$511k
2023
$505k
2024
In today's dollarsEst.
Down 4% in real terms$570k to $546k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.7M
$4.6M
2023
$5.6M
$4.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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